Paper Problem: Multimedia activity- Business Organization
external site.) section of the U.S. Small Business Administration's website.
• If you were to start your own business, which business entity structure would you choose? Justify why your chosen structure is the best organizational form.
• Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:
o Steps to form
o Personal liability for owners
o Taxation
o Advantages and disadvantages
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.